Skipper Limited — Others, 05-11-2024: Monitoring Agency Report

Skipper Limited submitted a Monitoring Agency Report for the quarter ended September 30, 2024, confirming no deviations from the objectives of its Rights Issue. The report, from India Ratings, states that no funds were utilized during this quarter and all proceeds remain idle. The company raised INR 497.95 million but has yet to utilize these funds effectively. The agency assures that there are no significant concerns affecting the company's financial outlook.